4 + 1 (Metals) strategy | Page 188 | Metals Mine

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4 + 1 (Metals) strategy

  • #3,741
  • Feb 28, 2020 8:25am Feb 28, 2020 8:25am
This is why I am not buying today... But I trust those bad scalper guys... They can scalp anything for a living.
I like to stick to trade ideas for the day.
If I lose, the market says so.
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Learn... Work Hard... Trade Alone
  • #3,742
  • Feb 28, 2020 8:35am Feb 28, 2020 8:35am
Quoting BiteFX
This is why I am not buying today... But I trust those bad scalper guys... They can scalp anything for a living. I like to stick to trade ideas for the day. If I lose, the market says so. {image}
For the semafor lovers...It repaints.
And there are two main bullish trend lines to be broken to the down side. These two sit at 1st Buy... Before any meaningful buying.
These are just my thoughts.
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  • #3,743
  • Feb 28, 2020 9:09am Feb 28, 2020 9:09am
All buyers stopped out!
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  • #3,744
  • Feb 28, 2020 9:13am Feb 28, 2020 9:13am
Quoting BiteFX
{quote} For the semafor lovers...It repaints. And there are two main bullish trend lines to be broken to the down side. These two sit at 1st Buy... Before any meaningful buying. These are just my thoughts. {image}
Broke first one, aiming the next.
I am waiting...
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  • #3,745
  • Feb 28, 2020 9:33am Feb 28, 2020 9:33am
I'm in ...1ST BUY ACTIVATED.
If the market says I am wrong, so be it.

I STAY ALIVE DUDES
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  • #3,746
  • Feb 28, 2020 9:37am Feb 28, 2020 9:37am
Quoting BiteFX
I'm in ...1ST BUY ACTIVATED. If the market says I am wrong, so be it. I STAY ALIVE DUDES
SAYS I'AM WRONG
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  • #3,747
  • Feb 28, 2020 9:40am Feb 28, 2020 9:40am
Quoting BiteFX
{quote} SAYS I'AM WRONG
Counter-trend is deadly. Bulls buried.
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  • #3,748
  • Feb 28, 2020 10:14am Feb 28, 2020 10:14am
Still waiting to trigger Buy!
  • #3,749
  • Feb 28, 2020 10:22am Feb 28, 2020 10:22am
Quoting LouiseZA
Still waiting to trigger Buy!
Well done dude.
But for me...
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  • #3,750
  • Feb 28, 2020 11:23am Feb 28, 2020 11:23am
Cancelled buy order. Will see what Monday brings us. Expecting a gap up, but won't bet on it.
  • #3,751
  • Feb 28, 2020 3:05pm Feb 28, 2020 3:05pm
Well that was Interesting!!!!
Agreed LouiseZA.

let’s see what Monday brings.
Bite, we still in it bud.....don’t be to hard on yourself my man.....


D1 zone now in focus
4&1 All Time Profit: $37,496
  • #3,752
  • Feb 28, 2020 4:52pm Feb 28, 2020 4:52pm
Quoting BiteFX
{quote} For the semafor lovers...It repaints. And there are two main bullish trend lines to be broken to the down side. These two sit at 1st Buy... Before any meaningful buying. These are just my thoughts. {image}
Lol,, need a welding helment to look at tht ,,,,, mine no better when expanded ,,, but ,, as always m15 200 down in flame ,, then ,, then all 3 basically m15 200,,,m30 200 and the hourly 200 with the final blow ,, down to a 4 hour 200 or rough monthly average price ,,, or into all the flag patterns tht sent er up the 1st time ,,
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Not nearly as impressive looking when chart normal looking lol,, still the exact same levels and failure points tho ,,scaling can be a pain bud ,, tear em up next week ,,
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  • #3,753
  • Feb 28, 2020 5:07pm Feb 28, 2020 5:07pm
Very easy to trust what appears as a bottom because it is the chart bottom ,,,, be careful ,,, charts can grow deeper ,a 860 pip day can be devastating ,dont lose sight of the forest because of a few trees,,,, Mzan the man will keep ya strait tho ,,, great week end to all
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  • #3,754
  • Feb 28, 2020 5:26pm Feb 28, 2020 5:26pm
Quoting MzansiObi
Well that was Interesting!!!! Agreed LouiseZA. let’s see what Monday brings. Bite, we still in it bud.....don’t be to hard on yourself my man..... D1 zone now in focus
There is always a level ,, or 2 ,bit lofty to hold up here ,the ones tht put it here are not long term investors lol,, ,, but now it knows the way ,, , cheers bud ,, great weekend to ya
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  • #3,755
  • Feb 28, 2020 8:07pm Feb 28, 2020 8:07pm
attaching screenshot of the levels i was watching on gold. ofcourse big movements happening so cant see this on daily/hrly chart .. it has to be mnthly.

so roughly 1560 area (lowest mnthly close 2012) --> mkt still holding this on mnthly basis
1595 area (green mnthly close before it broke down in 2013) --> last 2 mnths failure
1664 area --> failed this month

dec mnthly is bull engulfing and it seems to be making higher highs, so attaching chances mkt does not break feb low of 1547 and prints green candle in march. if feb low broken then might need consolidation before moving up again in few mnths.

overall 1560 area capture seems to be key and if mkt gives away that then we can flush a bit too.
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  • #3,756
  • Mar 1, 2020 12:22am Mar 1, 2020 12:22am
Quoting prashfx
attaching screenshot of the levels i was watching on gold. ofcourse big movements happening so cant see this on daily/hrly chart .. it has to be mnthly. so roughly 1560 area (lowest mnthly close 2012) --> mkt still holding this on mnthly basis 1595 area (green mnthly close before it broke down in 2013) --> last 2 mnths failure 1664 area --> failed this month dec mnthly is bull engulfing and it seems to be making higher highs, so attaching chances mkt does not break feb low of 1547 and prints green candle in march. if feb low broken then might need...
drilling down to 4h, i think this will be my trade if i were to go long ... notice the buys below 1560. i wud lean on them in situation of mkt sells ... SL being around Jan low. but i think better strategy to see if mkt drops to 1548 - 1560, then then starts rising again 1560+ then join the momentum with better SL ..
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  • #3,757
  • Mar 1, 2020 1:23am Mar 1, 2020 1:23am
Tp for the bears is done.
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  • #3,758
  • Mar 1, 2020 6:15pm Mar 1, 2020 6:15pm
Some correction yesterday 1000pips amazing...
161.8 still works as well and votality gold very hard and spread so high.
IM long 1585 sl 1550 tp 1610
Take care
  • #3,759
  • Mar 2, 2020 1:26am Mar 2, 2020 1:26am
02/03/20



Price covered so much movement on Friday that we have widened our range....with that said, the corrective pullback has landed price back inside the D1 buy zone and while H1 and H4 may be bearish, sentiment remains to be to look for long setups while at current levels... will be looking to use any dip inside that zone to go long.


H1: Bearish and Zone: 1600.92 - 1610.73
H4: Bearish and Zone: 1613.88 - 1625.48
D1: Bullish and zone: 1598.75 - 1610.90


Intra day Levels
Upside
1652.68
1640.20
1632.24
1624.52
1617.93
1605.99

Downside
1599.16
1565.56
1566.07
1545.63
1537.8






Green Pips
4&1 All Time Profit: $37,496
  • #3,760
  • Mar 2, 2020 1:57am Mar 2, 2020 1:57am
Quoting MzansiObi
02/03/20 Price covered so much movement on Friday that we have widened our range....with that said, the corrective pullback has landed price back inside the D1 buy zone and while H1 and H4 may be bearish, sentiment remains to be to look for long setups while at current levels... will be looking to use any dip inside that zone to go long. H1: Bearish and Zone: 1600.92 - 1610.73 H4: Bearish and Zone: 1613.88 - 1625.48 D1: Bullish and zone: 1598.75 - 1610.90 Intra day Levels Upside 1652.68 1640.20 1632.24 1624.52 1617.93 1605.99 Downside 1599.16 1565.56...
First sell order running at 1601.23 SL @1620
TP open.
NB only taking this short as it’s inside the H1 sell zone. Waiting on getting a D1
bullish close around current levels to load bigger long setups . Worth noting the D1 candle From Friday’s bearish sentiment didn’t manage to close below the Hard stop for the D1 candle.

D1 hard stop handle around: 1585.76
Green Pips
4&1 All Time Profit: $37,496
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